St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-09-16
me COMMERCIAL RECORD.
On the Chicago Beard of Trade None Of
the Markets Possessed Any
Special Features.
Wheat Opened Lower, Reyained the
Loss and at Last Showed
Some Activity.
Transactions in the Financial Circles
of Wall Street---General
Quotations.
Special 10 the Globe.

Special 10 the Globe.
CHICAGO Sept. 15.-The blackboard figures
this morning were: Local receipts of wheat,
%, 1:59 bushels: shipments, l2S,01I bushels;
receipts of corn. 245, $50 bushels; shipments,
2S0,l56 bushels. Wheat and corn were
shade of AT the opening this morning. The
tone of the market for both cereals was firm
and even strong but it was not backed up by
outside trade Nobody wanted TO do any
thing and prices could not obey the natural
tendency and advance. The first trades in
October " heat were at 69Sse, and i'll May at
7S3sc October corn started off at 42ssc. and
May 45Ss0I5Iac. Wheat frmed up after the
first few minutes, October going to 69ssc,
December, 7liec, and May TO 7Sss@7Slsc.
Information circulated that the examining
committee was going to report lot of wheat
out of condition in the regular elevators and
that property was going to be forced on the
market This started the scalpers to selling
and prices declined. By IL 80 October was
quoted 69i4 "a 69ssc, December, a lsc and May
7SIsc. Corn WIS not relieved by the excite
ment. The market ruled rather easier, Octo-
her selling down from 42ss342t2c to 42lsc
beforeI > 80 and May from 452S@45l2c to
45ls@4514c. There was
SOME SELLING OUT
of long corn by Hutchinson and Others and
general disposition to short the market on
heavier receipts. Trade was, however, light
in volume. Provisions tended down to-day
on disposition to sell the product of next
winter Speculation is centering in Janu-
airy. Pork for January delivery sold down
from SD 30 yesterday to S12. 30 this forenoon
October lard from S6.47l2@64O, January
lard from S6.52la6t6.45. Wheat and corn
sold off sharply just before the close of the
regular session. The break in wheat was due
10 free selling by Schwartz, Dupee Il Co., and
the decline i'll corn 10 liberal letting go by
holders who have been disappointed in a
failure of the market to advance. Armour's
brokers picked up ribs at the bottom, and the
market rallied at the close.
Al the afternoon session still further weak
ness in grains and provisions was shown.
Closing 80 p. IN. prices: Wheat-Septem-
Der. Csc; October, 69c; December, 71Ac;
May, 17ssc. Corn-September, 41sBc; Octo-
Der. 42c: December, ALAG; May, 451s@
45Lc. Oats-September, 25s4c; October,
234sc; May, soc. Pork-Year, S12; January
$3.50. Lard-September october and De-
cember S6,37la; May, $3.50. Ribs-Septem-
Der and October. SS.S2l2.
THE ROUTINE REPORT.
CHICAGO. Sept. 15.-NOne of the markets
possessed any special features of interest on
change to-day. Trading at the opening of
the wheat market was on a limited scale
while prices were little lower than the
close of yesterday. Before noon the loss was
Tegained and there was quite a show of ac-
tivity in the pit. There was nothing special,
however to sustain the action of the bulls,
and reports and outside operators were
against them, and the result was decline of
12c before l O'Clock. On the whole, there
was better disposition to trade and more or
less business from the opening to the close
of the session. October opened at 695sc sold
N HQ5ap declined n E1ILP m
69l2c, declined again to 69lSc and closed
the morning session at 69ls@69Ac. On the
afternoon session October closed at 6SB@69c.
Corn was heavy one all day, owing mainly
to liberal letting go by holders who have
been disappointed in the failure of the cereal
to advance. While there was no decrease in
receipts, there was decided falling off in
shipments. Charters to-day were but
POI, 900 bushels, much less than for ten days
past. In addition to the influence of the
corn movement and the selling orders, there
were many reports floating about in regard
TO the way corn, fields had improved, in
traders minds at least, since Sept. L. The
day was one for the bears and prices closed
about s5c under the opening, and I2c under
42$sc, then at 42I2c, and after several slight
drops and reactions closed at 42c.
May sold at 45ss@45l2e, and down
to 45lsc, the lowest point of the day.
Oats were rather easy for the active futures
October and May show decline of 1sc from
yesterdays close September was uuotably
firm at &c higher The weak, dragging tend
ency noted in the provision market for some
time past was increased to-day by the arrival
of $4,000 hogs and sharp decline in prices
Speculative orders from the outside to Duy or
sell were small. Scalpers and packers offered
product with unusual freedom, and there
being no supporting factors, a sharp drop in
values resulted. last sales being on weak
market at about inside figures, and showed a
decline from yesterday close of 22Lac to Csc
on pork: Zoe on lard and 12YaM1715c on
short ribs npfphpr lard nd or nd
closed at S6.31l2. January sold at So 42ta@
go and closed at S6.421a. October short
ribs opened at $3.50 and closed at 49, S2Is.
January sold at Sc. 3O@6 42Ia and closed at
$3.50. January pork sold early at S12.45,
declined to $l2.25 and S12.27l2 and closed
at S12.30.
THE QUOTATIONS.
The leading futures ranged as follows:
Nheat-No. ,. September, 6SI2c, closing at
6Sssc; October. 69SSc, closing at 6SSsc;
November. 107sc: closing at 70Ac; December,
Der. 42$se, closing at 4l7Bc; October, 425Sc,
closing at 42c; November, 42Ic. closing at
42c; May. 45ssc, closing at 45lsc Oats
No. 2, September, 25asc, closing at 25Ac;
26e, closing at ,25Esc; May, SOC, closing at
Ct SD; January. s1s.45, Closing ntg's at
$l2;53. Lard, per 100 lbs.--septernber,
closing al S6.37la; November, Sc. 10, closing
at $3.50: January, $3.50, closing at
$6.42l2: Short ribs. per 100 lbs.-September
$3.50; closing at s.. S212; October, $3.50, clos
Ing at IS. S2i2: Jan. So. 42A closing at So 80.
Cash quotations We're as follows: Flour steady
and unbalanced. Wheat-No. 2 spring, 6sl5
@6S$sc; No. ) spring, 6512c; No. 2 red, 7OIsc
asked. Corn-No. 2, 42c. Oats-No. 2.
25l2c. Rye-NO. 2, 46c. Barley-No. 9,
zoe, Flax Seed-No. l, SlO9. Timothy
Seed-Prime, S2.24@2.25. Mess pork, per
Dbl, ST.: 25@15.50. Lard per 100 lbs, So. 1919
@64O. Short ribs sides Qoose), So 2O09. 80
Shoulders. dry sailed (boxed), S5.2O@5. 35.
Short clear sides (boxed), So 2o@9. 80.
Whisky-Distillers finished goods, per gal.
S1.10. Sugar-Cut loaf, 67s@7c; granulated,
6s4c; standard A 6ssc. RecefDts-Flour'
$1,000 bbls: wheat, $4,000 bu; corn, 246,-
200 bu; oats; $4,000 bu; rye, 1000 bu;
barley, 10000 bu. Shipments-Flour, 30,
600 Dbls: wheat, 126, 600 bu: corn, $50. 600
bu; oats. 251 900 bu; rye, 5000 bu: barley,
10000 bu. On the produce exchange to-day
the butter market was steady; creamery.
17@23l2c; dairy, I5@19c. Eggs scarce;
fresh Northern. 16017c.